Switching workspaces

The current workspace for Eclipse can be switched by using the
File->Switch Workspace command. If you have already
switched your workspace previously the previous workspaces will be
available for selection in the Switch Workspace menu.

The Switch Workspace --> Other.. menu item will open the switch
workspace dialog. The dialog will allow you to browse for or manually
enter a new workspace location. The combo will also allow you to select
your previously selected workspaces.

Settings Transfers

When you switch your workspace you can select settings than will be
transferred to the new workspace. These settings are supplied by the
org.eclipse.ui.preferenceTransfer extension.

The SDK supplies transfers for:

Workspace Layout: Opened views, their size, and selected
perspectives.